Sunday, July 31, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Alphabet Posts Strong Revenue on Video Market
Games Outweigh Sagging Sensors For Sony
Microsoft To Further Cut Jobs Towards The Final Exit From Phone Business
AMD Radeon RX 470 And RX 460 Are Shipping in Early August
Worldwide Smartphone Volumes Relatively Flat in Q2 2016
Oracle to Buy NetSuite for $9.3 Billion
Samsung and Nestle Collaborate on the Internet of Things and Nutrition
Home Appliance and Home Entertainment Units Help LG's Quarterly Profits
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Optical Storage > Sony dr...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, April 12, 2002
Sony drops lawsuit; US Apex agrees to pay DVD royalties


Sony Corp. (SNE) said it will drop its lawsuit against Apex Digital Inc. after the U.S. firm agreed to pay DVD-player royalties to the Japanese consumer electronics giant.

Sony filed a lawsuit in the U.S. on March 26 against the start-up company for infringements of DVD-player patents, claiming Apex imports and sells cheap DVD players into the U.S. without paying the required licensing fees.

Apex's parent company, United Delta Inc., has agreed to pay licensing fees of $5 per player or 3.5% of a player's wholesale price, whichever the higher, to Sony, Philips Electronics Ltd. and Pioneer Corp. (PIO), Sony said. The three companies hold a joint DVD-technology license.

Apex also agreed to pay some fees retroactively, Sony said. The amount of these payments wasn't disclosed.

In the last six months of 2001, Apex's DVD players captured about 20% of the U.S. market in unit terms, according to research firm NPD Techworld. With some models retailing for under $100, Apex has overtaken Sony and Samsung Corp. of South Korea (news - web sites) to become the top seller in the U.S.

California -based Apex assembles its DVD hardware and televisions in China , using chips and components from companies such as Sanyo Electric Co . (SANYY) 6764) and Sony.

Sony's resolution with Apex could affect similar disputes between some hundreds of Chinese DVD manufacturers with another six-company group comprising AOL Time Warner Inc. (TWX - news) (AOL), Hitachi Ltd. (HIT), Matsushita Electric Industrial Co . (MC), Mitsubishi Electric Corp., Toshiba Corp. and Victor Co . of Japan Ltd.

By the end of March, most of the Chinese companies had failed to respond to a request from the six-company group to pay DVD-related technology licensing fees, said Hitachi spokesman Hiroki Inoue Friday.

"We don't know yet if a lawsuit is a good idea," the spokesman said, but added that if the continuing negotiations reach a deadlock, the group may consider legal action.

In January, the six companies concluded talks with the China Audio Industry Association, or CAIA, which represents about 90 DVD and video CD player manufacturers in China and began talks with the individual firms.


Previous
Next
MSI announces StarSpeed MS-8332 (32x/12x/40x) CD-RW drive        All News        MSI announces StarSpeed MS-8332 (32x/12x/40x) CD-RW drive
MSI announces StarSpeed MS-8332 (32x/12x/40x) CD-RW drive     Optical Storage News      MSI announces StarSpeed MS-8332 (32x/12x/40x) CD-RW drive

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Games Outweigh Sagging Sensors For Sony
New Sony 4K Ultra HD TVs Released In The U.S.
Sony Ups Sales Goals For Games Ahead of VR Launch
Sony Recalls VAIO Laptop Computer Battery Packs
Sony Xperia X Series Coming to the United States
Sony Sees Flat Annual Growth Due To Recent Quake Damages
Sony Improves Commercial LED Display Concept With New CLEDIS Technology
Sony Joins Forces with Cogitai to Conduct Research and Development for Artificial Intelligence
Sony To Resume Wafer Processing Operations After Earthquake
Sony Releases New Home Audio Products
Sony Reports Loss But PlayStation Keeps Performing Well
Sony Confirms Manufacturing Operations Disruptions Following Kumamoto Earthquakes

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .